FSG sells minority stake in Liverpool and ends search for investment

* US private equity firm Dynasty Equity pays about $100m-$200m
* Money used to pay off debt and will not go into January transfers




Fenway Sports Group has sold a minority stake in Liverpool to the US private equity firm Dynasty Equity. The deal ends FSG’s search for investment and will be used to pay off debts.

FSG and Dynasty, an investment firm that specialises in buying minority stakes in sports franchises, have not revealed the financial details of the deal but it is in the region of $100m-$200m (£82m-£164m). The investment does not equate to a “transfer war chest” for the manager, Jürgen Klopp. It will pay down bank debt incurred during the pandemic, capital expenditure on the new Anfield Road stand, the new Axa training centre and the repurchase of Melwood training ground, and acquisitions in the recent transfer window. Continue reading...

Komentar

Postingan populer dari blog ini

Wiegman’s Lionesses rekindle lost energy to fire spectacular comeback | Jonathan Liew

US owners understand profit but do they appreciate clubs’ tradition and values?

‘Emotional’ Leah Williamson to make first England start in almost a year